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China's LeEco agrees to buy TV maker Vizio for $2B

Posted online July 27, 2016 | 11:41 am

Chinese technology company LeEco announced yesterday plans to purchase U.S. TV maker Vizio for $2 billion.

During the past 14 years, Vizio has grown to the nation's No. 2 TV brand.

The deal is expected to close in the fourth quarter.

Read more from the Los Angeles Times.

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